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Latest Industry News

Face Driver Free Trial Program
News July 18, 2016
Face Driver Free Trial Program
Riten Industries offers a free 30-day, risk-free trial program to metal workers who are undecided about committing to this different type of workholding tool. Face driving can completely turn or grind a workpiece in a single cycle, without stopping to flip and rechuck the part, reducing cycle time and increasing productivity.
Dormer Pramet impacts the railway industry
News July 15, 2016 Tomas Hantek
Dormer Pramet impacts the railway industry
It is a matter of course for manufacturers of rail and train components to ensure that quality products and services continue to be delivered to the industry every day. Increasing reliability through new tools, materials and machining techniques, as well as supporting productive and cost effective maintenance of existing infrastructure, is crucial.
N.H. tool maker going solar
News July 12, 2016
N.H. tool maker going solar
Jarvis Cutting Tools is constructing a 500W AC solar panel array in front of its property in Rochester, N.H. Jarvis President Costikyan Jarvis said the solar project will help the company cut production costs and capitalize on incentives for producing solar energy, according to a report on fosters.com.
YG-1 USA announces personnel moves
News July 11, 2016
YG-1 USA announces personnel moves
In two separate personnel moves, YG-1 Tool Co., Vernon Hills, Ill., recently promoted Shane Hollenbaugh to Executive Director of Sales and hired Bill Pulvermacher as Director of Marketing. Pulvermacher will be responsible for marketing, strategy and brand development.
News July 6, 2016
ISM Says New Orders, Production, Employment Growing
Economic activity in the manufacturing sector expanded in June for the fourth consecutive month, while the overall economy grew for the 85th consecutive month, say the nation's supply executives in the latest Manufacturing ISM Report On Business.
News July 6, 2016
NASA Research Supports IKONICS Technology
IKONICS Corp., a Duluth-based imaging technology company, announced today that IKONICS Precision Abrasive Machining capabilities align with NASA test results to reduce aerodynamic drag on acoustic jet engine liners.
John Force Racing and Hurco announce multi-year deal
News June 28, 2016
John Force Racing and Hurco announce multi-year deal
CEO of John Force Racing Inc. and 16-time NHRA Funny Car champion John Force along with Cory Miller, General Manager of Hurco North America, announced an initial five year agreement between the Indianapolis area based companies that will continue to enhance the development and production capabilities of JFR and its Force American Made (FAM) machining company.
Takumi opens Indianapolis showroom
News June 28, 2016
Takumi opens Indianapolis showroom
Takumi USA, Indianapolis, recently unveiled its new technology center and showroom to distributor partners to kick off the introduction of Takumi USA to the North American market.
In Memoriam: Patrick M. Ryan
News June 28, 2016
In Memoriam: Patrick M. Ryan
Patrick M. Ryan, Vice President of Manufacturing for Kankakee, Ill.-based Stor-Loc, passed away June 25, 2016. A founder of the Stor-Loc Modular Drawer System, Pat recently celebrated 25 years in business.
Camcraft uses education to combat skills gap
News June 27, 2016
Camcraft uses education to combat skills gap
Most manufacturers offer at least occasional in-house instruction as factory work has become more about brains than brawn. But Tooling U-SME, an organization focused on manufacturing education that's part of an industrial nonprofit in Dearborn, Mich., found in a recent survey that just 25 percent have a structured training program.
Manufacturing capacity utilization has not recovered–what does this mean?
News June 24, 2016
Manufacturing capacity utilization has not recovered–what does this mean?
Economists have been debating the performance of business investment during the current recovery. Much of the debate has centered around the relative importance of policy (such as regulation) and demand. Meanwhile, from a company's perspective, it probably doesn't make sense to invest when its existing plant and equipment are already underutilized.

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